Dealmakers Hit Brakes On M&A Amid Tax Reform Uncertainty

By Benjamin Horney (November 21, 2017, 3:20 PM EST) -- The Senate's revised tax proposal elicits further questions for public and private dealmakers alike, meaning companies would be wise to proceed with caution on mergers and acquisitions activity until there is further clarity on what exactly tax reform will look like and whether it is likely to pass.

The Senate's version of the Tax Cuts and Jobs Act, which is 515 pages and was released publicly on Tuesday, leaves in place some of the key components of the House version of the bill as it relates to M&A, such as the slashing of the corporate income tax rate to 20 percent...

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